Rajputana Industries Limited

Company Profile
Company Name Rajputana Industries Limited
Open Date 30-07-2024
Close Date 01-08-2024
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹36 to ₹38 per share
Issue Size 62,85,000 shares
Application Amount ₹1,14,000
Recommendation Avoid
Incorporated in 2011, The company specializes in manufacturing non-ferrous metal products (copper, aluminium, brass, etc.) from recycled scrap metal and has it’s registered office in Jaipur, Rajasthan. Company caters to the following industries - Electrical and Electronics Industry, Automotive Industry, Plumbing and Sanitary Industry, Construction and Architecture Industry, Industrial Equipment Manufacturing, HVAC and Refrigeration Industry and Renewable Energy Industry. Acquisition: Shera Energy Limited acquired RIL in 2017, leveraging forward integration as RIL's metal billets serve as raw material for Shera Energy's winding wires and strips production. The company’s certifications include: ISO9001:2015: Quality Management System, ISO45001:2018: Occupational Health and Safety Management System, ISO14001:2015: Environmental Management System. The company had 98 permanent employees as of July 10, 2024.
(Read more on the review)

Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 24,435.08 25,466.50 32,650.56
EBITDA 1,187.47 1,240.88 1,765.05
Net Profit 354.28 420.78 686.18
RoCE 25.96% 20.38% 27.09%
ROE 20.69% 15.34% 21.07%
P/E 20.32 17.35 11.38

Tentative Timeline

Opening Date 30-07-2024
Closing Date 01-08-2024
Basis of Allotment 02-08-2024
Initiation of Refunds 05-08-2024
Credit of Shares to Demat 05-08-2024
Listing Date 06-08-2024

Objects of the Issue

Funding the working capital requirements of the Company.
Purchase of Grid Solar Power Generating System.
General Corporate Purposes.

Contact Information

Registered Office Rajputana Industries Limited F-269-B, Road No. 13, VKIA, Jaipur - 302013
Phone +91 9588841031
Email cs@rajputanaindustries.com
Website http://www.rajputanaindustries.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 92.15%
Share Holding Post Issue (Promoters) 66.08%

Contact Us to Enable Your Success!